17-19 Tea Tree Court, Coffin Bay SA 5607
This property is Off Market
- The Average property price in this area is $391,147, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 0.74 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Eyre Peninsula
With an average age of 58, households expect an average monthly mortgage payment of $1,387 or a weekly rent payment of $275. The average family earns a weekly income of $1,468 with a typical household size of 2.1 and a 97.11% employment rate.
In Coffin Bay there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Coffin Bay due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Coffin Bay changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Coffin Bay to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Coffin Bay the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Population
(Country of Birth not stated 6%)
Are people healthy?
There are a recorded 846 asthma sufferers and 499 people living with diabetes. In addition, 465 people have a heart/vascular condition and 829 people live with three or more chronic diseases.A good place to invest in property?
Eyre Peninsula a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
29 / 100
44 / 100
Industry
09 / 100
34 / 100
Population
21 / 100
37 / 100
House Prices
45 / 100
62 / 100
Jobs
18 / 100
33 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
17-19 Tea Tree Court, Coffin Bay, Sa, 5607 is a residential property . The estimated distance to the sea is only 0.74km and 0.04KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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